| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| 540 | 540 |
| Name | Date Acquired | How Acquired | Date Sold | Purchaser Name | Gross Sales Price | Basis | Basis Method | Sales Expenses | Total (net) | Accumulated Depreciation |
|---|---|---|---|---|---|---|---|---|---|---|
| SOUTHERN US EQUITY | PURCHASE | 2025-07 | 31,493 | 30,000 | 1,493 | |||||
| LONG TERM - MACATAWA BANK | PURCHASE | 567,479 | 281,341 | 286,138 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| MACATAWA BANK | 1,144,490 | 1,187,687 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| EXPENSES | ||||
| MICHIGAN ANNUAL FEE | ||||
| FIDUCIARY FEES | 7,101 | 7,101 | ||
| BANK S.C | 72 | 72 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FEDERAL TAX | 687 | 687 | ||
| MAC BANK - FOREIGN TAXES PD | 382 | 382 |